Bitcoin has spent the week consolidating after its 23% breakout, but the underlying market structure still looks healthy.

In this episode of Ahead of the Curve, we look at why subdued leverage, neutral options positioning and the strongest monthly Bitcoin ETF inflows since November 2024 are all encouraging signals. We also cover Strategy’s return to BTC buying for the first time since June, and the increasingly important question of whether Bitcoin is starting to trade more like gold than a high-beta tech asset.

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